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HomeMy WebLinkAbout2870 Levying Property TaxesORDINANCE NO. o~ ~7~) AN ORDINANCE LEVYING TAXES FOR THE PERIOD OF JULY 1, 2001 TO AND INCLUDING JUNE 30, 2002, SUCH TAXES IN THE SUM OF $7,078,000.00 UPON ALL THE REAL AND PERSONAL PROPERTY SUBJECT TO ASSESSMENT AND LEVY WITHIN THE CORPORATE LIMITS OF THE CITY OF ASHLAND, JACKSON COUNTY, OREGON THE PEOPLE OF THE CITY OF ASHLAND ORDAIN AS FOLLOWS: Section 1. That the City Council of the City of Ashland hereby levies the taxes provided for in the adopted budget in the permanent rate of $3.5642 per thousand an amount estimated to be $4,686,000.00, voter authorized Local Option in the rate of $1.3800 an amount estimated to be $1,814,000.00, as well as $578,000.00 authorized for the repayment of General Obligation Debt and that these taxes are hereby levied upon the assessed value for the fiscal year starting July 1, 2001, on all taxable property within the City. Section 2. That the City Council hereby declares that the taxes so levied are applicable to the following funds: General Fund Parks and Recreation Fund General Government Limitation Subiect to Permanent Rate Local Option $1,935,000.00 2,751,000.00 Youth Activities Levy 1982 Water Bond Levy 1992 Water Bond Levy 1997 Flood Restoration Bond Levy 2000 Flood and Fire Station Bonds $ 4,686,000.00 The foregoing ordinance was first READ on the v~ day of Barbara Christensen, City Recorder SIGNED and APPROVED this /~ day of June, 2001. Reviewed as to form: Nolte, City Attorney Excludedfmm Rate Bonded Debt Per$1,000 1.4717 2.0925 $1,814,000.00 $ 83,000.00 100,000.00 95,000.00 300,000.00 $1,814,000.00 $ 578,000.00 ~ .2001,and duly PASSED and 1.3800 Alan W. DeBoer, Mayor \~P IXEL~DATA\GOV~FFNANCE~BUDGET~O RDS AND RESOLUTIONSL~001-2002\TAX ORDINANCE 200l .DOC